ITV sells media and entertainment arm to Sky for £1.6bn

The two broadcasters say the deal will create a strong rival to global streaming giants.

Comcast Adds Heft With Sky’s Deal for British Broadcaster ITV

The $2.1 billion purchase would combine two major British media outlets and help the Comcast-owned Sky compete with streaming giants.

By Katie Robertson

ITV to Sell Broadcasting Unit to Sky for Up to £1.6 Billion - Bloomberg.com

ITV to Sell Broadcasting Unit to Sky for Up to £1.6 Billion  Bloomberg.com

Sky agrees £1.6bn ITV deal as UK broadcasters take on streaming rivals

Combination will leave US media group Comcast in control of a broadcaster that reaches 21mn households

Sky owner announces £1.6bn takeover of ITV’s broadcasting arm

US telecom giant Comcast to snap up free-to-air TV channels and streaming platform to create UK’s biggest commercial broadcaster Sky has announced a long awaited £1.6bn deal to buy ITV’s broadcasting and streaming arm to create the UK’s biggest commercial broadcaster. Sky, which is owned by the US telecoms company Comcast, will pay £1.2bn in cash initially for ITV’s media and entertainment business, which include its free-to-air TV channels in the UK and ITVX streaming platform. It has agreed...

By Julia Kollewe

ITV and Comcast’s Sky reshape British TV landscape with US$2.1 billion deal

Comcast’s Sky has agreed to buy the broadcast channels and streaming service of Britain’s ITV for £1.6 billion (US$2.13 billion), creating a British champion to compete with global players YouTube, Netflix, Amazon and Disney. Sky CEO Dana Strong said the deal, announced on Monday and confirming a Reuters story, was a “defining moment” in British broadcasting. The combination of Britain’s biggest free-to-air commercial broadcaster, home of Coronation Street, and subscription television company...

By Reuters

Just a week after spin-off plan, Comcast says it will buy British broadcaster

Just a week after Comcast announced a plan to spin off NBCUniversal, the Philadelphia media-and-broadband conglomerate said it’s buying a British broadcaster.

By Steve Goldstein

What does the Sky and ITV deal mean for British TV?

Sky is taking over ITV’s media and entertainment arm – which covers terrestrial TV channels ITV1, ITV2, ITV4, ITV Quiz and streaming service ITVX.

By Anna Wise

ITV and Sky reshape British TV landscape with $2.1 billion deal

Sky to Buy ITV’s Media Arm for Up to $2.1 Billion: ‘This Is a Defining Moment for British Media’

Sky has agreed to acquire ITV’s Media and Entertainment business for total consideration of up to £1.6 billion ($2.14 billion). The deal, expected to close in the second half of 2027, will separate ITV Studios into a standalone global content business and return roughly £950 million ($1.27 billion) to shareholders. The consideration comprises £1.2 billion […]

By Naman Ramachandran

How the Sky-ITV Deal Will Transform British Broadcasting

The acquisition — which will combine the U.K.'s biggest free-to-air commercial networks with its biggest pay-TV network — will see another British public service broadcaster come under U.S. ownership.

By Lily Ford

Job Cuts, Content Sharing, Exec Rejigs & Protracted Antitrust Scrutiny: Five Things You Need To Know About Sky’s “Historic” Takeover Of ITV

Sky’s planned £1.6 billion ($2.1 billion) takeover of ITV is an unprecedented coming together in British media, establishing the UK’s biggest commercial broadcaster. The two companies aim to complete their union next year, creating what they described as a British “streaming champion,” even if their respective businesses are tied up in legacy linear television networks. […]

By Jake Kanter

ITV to sell media & entertainment unit to Sky for £1.6bn

UK broadcaster ITV said today it had agreed to sell its media and entertainment division to Comcast's Sky for £1.6 billion.

ITV and Sky reshape British TV landscape with $2.1 billion deal

Comcast's Sky to acquire ITV Media & Entertainment unit for up to £1.6B